33) Keener Corporation reported revenues of $1,000,000 for 2022. The reported balance includes $200,000 of bill-and- hold-sales and $50,000 of credit sales. The auditor expects Keener's reported inventory balance to be: a) $750,000 b) $1,000,000 c) $1,200,000 d) None of the above 34) Keener Corporation reported revenues of $1,000,000 for 2022. The reported revenue balance includes $100,000 of bill-and-hold-sales, where customers already paid Keener. The auditor would request the following adjusting entries a) debit sales $100,000/credit cash $100,000 b) debit inventory $100,000/ credit sales $100,000 c) debit sales $100,000/ credit accounts receivable $100,000 d) none of the above 35) Bostick Company traded erasers that cost it $500 for pencils that cost the seller $700. The fair market value of the erasers is $300 and the fair market value of the pencils is $600. The auditor expects to see revenue reported at a) $300 b) $500 c) $600 d) $700